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Stock Market & Financial Investment News

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March 20, 2014
08:46 EDTTRIThomson Reuters targets 2017 EPS about $2.80
Thomson Reuters targeting about 50% improvement to double digit EPS CAGR from 2013 to 2017. Thomson Reuters has a 2017 target of $400M+ in annual savings from cost initiatives. Thomson Reuters sees "nearing" 30% EBITDA margin target for 2015. Long-term targets from slides for investor day meeting.
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September 15, 2014
08:34 EDTTRIThomson Reuters recommends shareholders reject TRC Capital's offer
Thomson Reuters has been notified of an unsolicited mini-tender offer by TRC Capital Corporation (TRC Capital) to purchase up to 2.5M Thomson Reuters common shares, or approximately 0.31% of the common shares outstanding, at a price of C$39.75 per share. Thomson Reuters does not endorse this unsolicited mini-tender offer and recommends that shareholders reject the offer and do not tender their shares in response to the offer.
September 10, 2014
07:31 EDTTRIGoldman to hold a conference
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06:49 EDTTRIThomson Reuters looking to unload trade publications, NY Times reports
Thomson Reuters is trying to sell a number of its trade publications including peHUB, Buyouts and Venture Capital Journal, The New York Times reported yesterday, citing a report by peHUB on Monday. The process is at an early stage, The Times quoted peHUB as saying. Thomson Reuters refused to directly comment on the matter, but did say, " As a matter of business course, Thomson Reuters routinely reviews its business portfolio in line with strategy and client needs.," The Times noted. Reference Link

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